Posts Tagged ‘exports’

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    Yuan Opinions

    Nov 18, 10 • 182 Views • Businesses, Demand, Supply, and Markets, Developing Economies, Economic Debates, International Trade and FinanceNo Comments

    Can you imagine 43 million pairs of socks a year, 5,000 an hour, some saying Dora the Explorer, being produced by one Chinese manufacturer? When you pay $2.99 for a pair of those socks at Wal-Mart, they probably cost that Chinese manufacturer, Shuangjin

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    The Ties That Bind Us

    Apr 23, 10 • 131 Views • Economic Thinkers, International Trade and FinanceNo Comments

    Although Nairobi and London are 4228 miles apart, they actually are closely connected. The NY Times described the tie that was cut by volcanic ash. Kenyans supply gourmet vegetables and cut flowers to European supermarkets. When planes were grounded, so too

  • The Visible and the Invisible

    Feb 6, 10 • 147 Views • Thinking EconomicallyNo Comments

    Supporting free trade in 1978, Milton Friedman (1912-2006) referred to